Norway’s consumer price index rises in July; Norges Bank likely to stand pat in September

Aug 10, 2016 10:15 am UTC| Commentary

Norways consumer price index continued with its upward trend in July. The CPI rose 0.6 percent month-on-month in July. On a year-on-year basis, the index rose 4.4 percent, mostly because of higher electricity prices. The...

Japan’s producer prices ease in July, still remain in red

Aug 10, 2016 10:08 am UTC| Commentary

Producer prices in Japan set an easing tone during the month of July, although still remaining in red, an encouraging sign that the country is slowly battling the odds of deflation. The producer price index came in at...

Japan's June core machinery orders rise first time in 3 months on higher demand for transport equipment 

Aug 10, 2016 10:03 am UTC| Commentary

Japans core machinery orders rose for the first time in three months in June, largely led by rise in orders of transport equipments. Also, orders rose more than expected during the month, a sign that companies are...

UK 10-year gilt yields hit new record low on shortfall of bond buying program; likely to fall below 0.50 pct mark

Aug 10, 2016 09:58 am UTC| Commentary

The UK gilts continued to rally Wednesday as the BoE failed to buy its entire quota of gilts in its second purchase operation in the new quantitative easing round (the first uncovered operation ever). The 10-year bond...

Swedish industrial production data comes in weak in June

Aug 10, 2016 09:58 am UTC| Commentary Economy

Sweden has released weak industrial production data for the month of June. According to Statistics Sweden, industrial output, on seasonally adjusted basis, fell 0.4 percent month-on-month Consensus projections were for a...

Australian consumer sentiment ticks higher in July after federal elections

Aug 10, 2016 09:55 am UTC| Commentary

Consumer sentiment in Australia ticked higher during the month of July, a sign that the countrys consumer confidence is improving after a tumultuous federal election. Also, this remains a muted response to the recently...

Italian final HICP inflation for July seen at -0.1 pct

Aug 10, 2016 09:52 am UTC| Commentary

Italys final HICP inflation print for the month of July is likely to have remained the same as the flash estimate. According to a Societe Generale research report, the final HICP inflation figure is expected to have...